Tag "McKinsey"

COVID-19 Accelerates Shift to Digital Payments, Virtual Banking: McKinsey

The COVID-19 pandemic and its many repercussions have dramatically changed consumer behaviors, accelerating the move from physical to virtual banking and boosting digital payments, according to a new report by McKinsey. All forms of electronic payments, whether peer-to-peer (P2P) or

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COVID-19 Crisis to Substantially Transform the Payments Landscape: McKinsey

COVID-19 will have a long-lasting impact on all industries, and the payments sector will be no exception, according to a report by McKinsey & Company. The use of cash and other paper payment methods is already rapidly declining with withdrawals

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